CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
ITC Limited renewed 40-year partnership with which hotel
A
Hilton
B
Starwood
C
Sheraton
D
Waldorf Astoria
Explanation: 

Detailed explanation-1: -ITC Hotels Brands Welcomhotel by ITC Hotels, which has 20+ hotels. Fortune Hotels, which has 35+ hotels. WelcomHeritage, which has 50+ hotels.

Detailed explanation-2: -Business Facts With the Namaste as the enduring symbol of its brand experience, ITC’s Hotel Group is one of India’s leading luxury hotel chains. It operates under six distinct brands with more than 115 hotels in over 80 destinations in the country.

Detailed explanation-3: -In 1975, the Company launched its Hotels business with the acquisition of a hotel in Chennai which was rechristened ‘ITC-Welcomgroup Hotel Chola’ (now renamed Welcomhotel by ITC Hotels, Cathedral Road, Chennai).

Detailed explanation-4: -History. ITC Limited started its Hotels division in Madras (Chennai) with their first hotel, the Chola Sheraton, which is now rebranded as Welcomhotel Chennai. In 2000, ITC Hotels Group bought the 8-acre land at the Campa Cola campus on Anna Salai for ₹ 800 million.

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